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News
Unemployment falls across Ohio | Advertiser-Tribune Only Trumbull County remains above 4%
6+ hour, 22+ min ago (126+ words) Unemployment falls across Ohio Advertiser-Tribune FINDLAY â Hancock County was ranked 71 out of 88 in the Ohio Job and Family Services' May unemployment statistics report Hancock County's unemployment rate fell 0.2% to 2.6% from the previous month It previously had a rate…...
US employers unexpectedly cut 23,000 jobs
3+ day, 7+ hour ago (357+ words) Advertiser-Tribune Trips to the grocery store and gas station are more painful than they were last year, and rising costs are impacting the decisions of both households and businesses Here's a snapshot of prominent economic data and news that occurred…...
US producer prices drop 0.3% from May to June on lower energy prices, but outlook is cloudy
4+ week, 10+ hour ago (199+ words) Advertiser-Tribune wholesale inflation fell from May to June on plunging energy prices, but intensifying hostilities with Iran are clouding the outlook The Labor Department reported Wednesday that its producer price index â which captures inflation before it reaches consumers…...
Falling gas prices likely cut inflation last month but renewal of Iran war could undo progress
4+ week, 1+ day ago (318+ words) Advertiser-Tribune The government's latest inflation report, to be released Tuesday, is forecast to show that consumer prices dropped 0.2% in June, according to a survey of economists by data provider FactSet It would be the first monthly decline in nearly four…...
Massive AI buildout poses latest inflation threat as consumers pay more for laptops and electricity
4+ week, 2+ day ago (758+ words) The gusher of investment in data centers — likely topping $700 billion this year — to power artificial intelligence has made memory chips, computer processors and other equipment, as well as electricity, more expensive. Economists expect it will continue to push up inflation…...
Average 30-year US mortgage rate rises to 6.49%, pushing up homebuyers' borrowing costs
1+ mon, 2+ day ago (259+ words) Advertiser-Tribune The average long-term U.S mortgage rate drew closer this week to 6.5%, pushing up borrowing costs for prospective homebuyers The benchmark 30-year fixed rate mortgage rate rose to 6.49% from 6.43% last week, mortgage buyer Freddie Mac said Thursday One year ago,…...
Consumers still gloomy about economy; US hiring falls in June
1+ mon, 1+ week ago (381+ words) Advertiser-Tribune The economy, inflation and how those forces could impact the lives of Americans were front and center over the past week Trips to the grocery store or gas station are more painful than they were last year, and rising…...
World Bank cuts forecast for global economic growth
2+ mon, 1+ day ago (18+ words) Advertiser-Tribune World Bank cuts forecast for global economic growth...
Inflation likely reached 3-year high last month as Iran war spikes gas prices
2+ mon, 2+ day ago (30+ words) Advertiser-Tribune Inflation likely reached 3-year high last month as Iran war spikes gas prices...
US job market is rebounding, but economic frustration persists
2+ mon, 5+ day ago (20+ words) Advertiser-Tribune US job market is rebounding, but economic frustration persists...